by Tripp Hristopoulos | Jul 20, 2017 | Business Tips
For small businesses formed as an S Corporation and with plenty of profits, reasonable compensation is a term you may want to be familiar with. Many small businesses have organized as an S Corporation form of entity. In many cases, the S Corp election allows a...
by Tripp Hristopoulos | Mar 16, 2017 | Accounting, Business Tips
Before we get too far into 2017, let’s take a look back at 2016 results and five meaningful numbers you may want to discover about your business’s performance. To start, grab your 2016 income statement, or better yet, give us a call to help you compute and interpret...
by Tripp Hristopoulos | Mar 2, 2017 | Accounting, Business Tips
If there is a period of time between when your customers receive your goods or services and when they pay for them, then several things are true: You have a balance in Accounts Receivable on your balance sheet that represents how much customers owe you You have an...
by Tripp Hristopoulos | Feb 16, 2017 | Business Tips
Positive Pay is a service offered by banks that is designed to reduce fraudulent check-cashing against your account. If you are writing checks on your bank account (as opposed to using ACH transactions), then the positive pay service, which usually has an extra...
by Tripp Hristopoulos | Feb 2, 2017 | Business Tips, Tax
It’s always a huge relief to many people who get their taxes done early. That gray cloud of stress that nags at you to get it over with can be gone in a matter of weeks instead of months. April is right around the corner, and here are a few tips to cross that task off...
by Tripp Hristopoulos | Jan 19, 2017 | Business Tips
The I-9 form is used for employment eligibility when hiring new employees. It is one of many forms that need to be completed when you onboard a new employee. Effective Tuesday, January 17, 2017, the new I-9 form, which is dated 11/14/2016, must be used. Here is a...
